Listed by NAI Sioux Falls
$325,000
115 N Main Ave
Details
Property Type Office
Sub Type Executive Office
Square Footage 6,138
Cap Rate 6.51%
NOI $21,144
Tenancy Multi
Price per SqFt $53
Class B
Year Built 1915
Acreage 0.230
Zoning Central Business
Office | 6.51% CAP | 6,138 SqFt
Marketing description
Area Neighbors: Pizza Ranch, Subway, Central Valley Golf Course, West Central High School, Dairy Queen, Caribou Coffee
Investment highlights
- Fully leased office investment
- 3 total suites
- Cap rate: 6.51%
- $100 estimated water and sewer for entire building
- 1 private office, 3 cubicles, bathroom, kitchen, private cold storage
- Real Estate Taxes: $2,980.56
- Zoning: Central Business
Listing Contacts
Listed by NAI Sioux Falls
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$21,144.00
$1,762.00/mo
Valuation Metrics
0
DSCR
6.51%
Cap Rate
6.51%
ROI
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